Mar 18, 2018



























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Prepayment Analysis
This calculates your amortization schedule with a monthly prepayment or desired term of loan.
     Principal Loan Balance: $
     Annual Interest Rate: %
     Amortization Length: * Years
     * Enter "0" for credit card and other non amortized lines of credit
Your Results  
     Principal: $100,000.00
     Interest Rate: 8.5%
     Amortization Length: 30 Years
     Desired Length of Loan: 15 years
     Your Monthly PI Payment: $768.91

Required Monthly Payment to achieve 15 year loan:
$987.47 ($218.56 extra a month)
Click HERE for full amortization schedule

This has calculated the monthly payment of $987.47 which is needed to cut your loan from 30 years to 15 years.

The accuracy and use of this calculator is not guaranteed.

4213 A 85th Street   Lubbock, TX 79423  Phone: 806-698-6853  Fax: 806-698-9031  Mobile: 806-786-2556

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